Tea Producers

McLeod Russel in exclusive talks with Carbon Resources for OTS to lenders

The agreement expresses the parties' interests in continuing exclusive discussions in the matter and does not create any legally binding obligation on any party, it added

Carbon Resources says in 'open-ended discussion' for Khaitans' tea business

'Everything on the table' Abhishek Jalan of Carbon Resources about negotiations

Warren Tea to exit plantations, plans expansion of IT and hotel businesses

Signs deal with Dhunseri group for the last four estates it currently owns

McLeod Russel Sept qtr net up 6% to Rs 131 cr despite dip in revenues

Revenues from operations at Rs 425.06 crore were lower by 13.93% from the same period last year

Tea Board seeks Rs 1,000 crore support for industry for five years

'Tea price trajectory of the last decade reflects a prolonged phase of stagnation in price growth which consequently pushed a large segment of the industry into crisis'

Tea Board modifies order on blending imported with Indian varieties

The Tea Board, in its notification, has kept the sanctity of GI intact and allowed blending only for teas not claiming the GI mark

Dabur makes an entry into Rs 5,600-crore premium tea market with Vedic tea

Looks to get aggressive in segment dominated by Hindustan Unilever and Tata Tea

Tea producers reinvent business, adapt online blend for consumer connect

Data available on the Tea Board website showed that India's production in 2020-2021 had stood at 1,283.03 million kg and volumes at the auctions were around 547 mkg

Major tea firms stare at crop loss due to Assam floods, pest attack

"Our quick estimate indicates that the crop in June 2022 is lower by at least 20-25 per cent over June last year," said Sujit Patra, secretary, exports & market promotion, ITA.

Spilling the tea with Satvir Singh and Nitin Tomar, the founders of a 24.5 crore turnover tea-cafe brand, Chaiops

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Indian tea companies smell opportunity as Sri Lanka crisis brews

Island nation largest orthodox tea supplier, exporting over 95% of its production, according to ICRA report

How group firm helped land India's largest tea producer in bankruptcy court

Some of the major buyers have privately ruled out bidding for the company

NCLT admits application for initiating CIRP against McLeod Russel

Once the world's largest tea producer, McLeod Russel, part of the Brij Mohan Khaitan group company, is now India's largest with about 31 estates

Unable to afford LPG refills, Assam's tea workers demand wage hike

Tea workers in Assam, while demanding a wage hike, said they are unable to refill their LPG cylinders as the cost has gone out of their reach

Tea production may fall 13% this fiscal due to labour shortages: Report

The report also said that as tea is a fixed cost-intensive industry, a decline in the crop will substantially increase the cost of production for the NI bulk tea industry

Amid heavy production loss, rains to add to tea companies' woes

Tea estates in Assam and West Bengal, after closure for three weeks during lockdown, resumed operations from April, 12, 2020 with partial manpower utilisation

Indian tea exports may decline by up to 8% over Covid-19 outbreak

Exports under pressure as major buyers battle Covid-19

Tea production will rise only when workers' quality of life betters: ITA

ITA secretary general Arijit Raha said steps are being taken to ensure that tea garden workers avail central welfare schemes

US airstrike on Iran may impact business of Indian tea planters, exporters

What happens if the US refuses to exempt Chabahar port from sanctions, said an exporter

Tea producers and workers prepare to lock horns over bonus payout

Largest workers' union warns of serious consequence if 20% payout isn't made, even as tea firms ciote helplessness owing to dwindling profits